FREE SIGNAL
SELL GBP/USD 1.4403
TAKE PROFIT 1.4383
STOP LOSS 1.4433
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT ORDER NOT TOUCHED
FOREX ANALYSIS
THURSDAY February 12, 2009
EUR/USD
It is likely to fall towards 1.2747 unless a corrective rally breaks the 1.2952 resistance. Stop above 1.2991 zone.
GBP/USD
It may meet resistance in 1.4396 - 1.4426 zone for a drift down to 1.4306 zone, after which bounce to 1.4481 is anticipated.
USD/JPY
Market should hold major support at 89.30 before rising towards 90.87 or even 91.34 limit.
USD/CHF
Difficult to predict the next move. If first down it should hold 1.1547 or 1.1518 to 1.1639. If first up it should face resistance in 1.1608 - 1.1639 zone to 1.1518 zone.
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